Hagens Berman Sobol Shapiro Continues Investigation of Rhonda Breard and Breard & Associates Wealth Management

Hagens Berman Sobol Shapiro continues its extensive investigation into ING Financial Partners (NYSE: ING) on behalf of investors potentially defrauded by Rhonda Breard and Breard & Associates Wealth Management. Rhonda Breard, a financial adviser licensed with investment giant, ING, from February 2002-2010, allegedly disappeared with millions of dollars stolen from her clients’ accounts.

“Breard is practicing from Bernie Madoff’s playbook,” said Steve Berman, managing partner of Hagens Berman Sobol Shapiro. “We successfully fought for the rights of investors defrauded by Madoff and believe Breard should face a similar fate.”

Securities regulators and other state and federal agencies are investigating Breard's investment practices after her clients complained to ING that their monthly account statements appeared to be altered and funds were missing. On Feb. 10, the investment company revoked her license in Washington, Oregon, Nevada, New Mexico, Wyoming, Arizona, North Carolina, West Virginia and Michigan.

“We believe ING poorly supervised Breard’s investment activities, especially given her alarming history of complaints and regulatory actions,” says Berman. “Now the company could be liable for losses accrued by her clients while she was registered with ING.”

State and government officials are urging Breard’s clients to contact them immediately. Investors are also encouraged to seek legal council to discuss possible judicial recourse against Rhonda Breard, Breard & Associates Wealth Management, and ING Financial Partners.

Hagens Berman attorney, Karl Barth is available at 206-623-7292 to discuss your personal circumstances and the possibility of recovering your losses from ING or other potentially culpable parties.

More information is also available at www.hbsslaw.com/breard.

About Hagens Berman Sobol Shapiro

Hagens Berman Sobol Shapiro LLP is a shareholder-rights law firm with offices in San Francisco, Seattle, Chicago, Boston, Los Angeles, and Phoenix. Since 1993, HBSS has recovered hundreds of millions of dollars for investors, and is nationally recognized for its large, complex litigations against financial firms and institutions. More about the law firm and its successes can be found at www.hbsslaw.com.